Metrofile: Notification of Change of External Auditor

Metrofile Holdings Limited

(Incorporated in the Republic of South Africa) (registration number 1983/012697/06)

Share code: MFL

ISIN Code: ZAE000061727

(“Metrofile Holdings” or “the Company”)

NOTIFICATION OF CHANGE OF STATUTORY AUDITORS

Shareholders are informed that following the conclusion of a call for tenders process, the Audit, Governance and Risk Committee has recommended, and the Board of Directors has approved, the proposed appointment of BDO South Africa Incorporated (“BDO”) to succeed Deloitte & Touche as auditors, effective for the year ended 30 June 2023.

The proposed appointment will be submitted to shareholders at the Company’s Annual General Meeting, scheduled for November 22, 2022 (“2022 AGM”).

BDO will use the services of SekelaXabiso CA Incorporated (“SkX”) as part of its commitment to contribute to knowledge sharing and development.

The change of external auditor is due to the decision of the Board of Directors to adopt a mandatory rotation of audit firms before the prescribed date. Deloitte & Touche will continue to audit the accounts of the Company for the year ended June 30, 2022 and Deloitte’s mandate as external auditor will end following the 2022 AGM. The external auditor will begin at the end of the 2022 AGM and will be subject to shareholder approval.

Deloitte & Touche will have served as the Company’s external auditors for a period of 22 years. The Board of Directors and the Audit, Governance and Risk Committee thank Deloitte & Touche for their contributions over the years and look forward to working with BDO.

Illovo

July 14, 2022

Sponsor

The Standard Bank of South Africa Limited

Disclaimer

Metrofile Holdings Limited published this content on July 14, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on July 14, 2022 14:23:04 UTC.

Shirlene J. Manley